“The federal government already provides several services to its workers that could usefully be expanded to a broader audience. The Thrift Savings Plan (TSP) provides a choice of low-overhead diversified mutual funds into which employees can divert their income. Although in the past the TSP also provided far lower levels of client services, these concerns have largely been addressed. The Federal Employee Health Benefit Plan (FEHBP) offers federal workers a broad range of health plans. The FEHBP negotiates prices and coverage with numerous companies and presents them to workers. Employees who are denied coverage for a particular procedure can appeal to the government for a decision on whether the denial was unjust. Every year, employees can elect to change plans. A number of commentators have advocated extending the FEHBP to other citizens” (Joseph V. Kennedy).
In the past, blue-collar and poor workers have had limited options in necessities such as investing in mutual funds, health care coverage, and so forth. It is great to see that there are finally government plans that provide the poor with options. In these types of “revolving door” programs; the poor aren’t punished for unjust systems. They are provided with plenty of time to make tough choices and take advantage of suitable programs that best aid their current circumstance.
Wheel of Misfortune 